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Darkfost: Memecoin market cap as a share of total altcoin market cap drops to 3.7%, hitting a nearly three-year low.

SmartContractAuditor

2026-07-05 08:16:43

Odaily Planet Daily News: CryptoQuant analyst Darkfost posted on X platform that the current total market cap of Memecoins as a proportion of the total market cap of altcoins has dropped to 3.7%, the lowest level since February 2024. Data shows that during the Memecoin craze in November 2024, this proportion once exceeded 10%; it has now fallen back to 3.7%, indicating that the share of the Memecoin sector in the altcoin market has significantly decreased.

MEME-0.74%

View Original

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